Will Canny

Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.

Will Canny

Latest from Will Canny


Markets

Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018

Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.

Jenga image via Shutterstock

Finance

Bank of America Survey Shows Consumers Aren’t Done With Crypto Yet

Results show growing interest in the use of cryptocurrencies as a payment method

BofA

Finance

Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says

The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target.

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Markets

Benchmark Sees Canaan as Indirect Investment in Bitcoin, Shares Gain

The broker initiated coverage of the mining-equipment business' stock with a buy rating and $9 price target.

Canaan SVP Edward Lu with the Avalon 1266 model at Bitcoin 2022 conference (Aoyon Ashraf/CoinDesk)

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Finance

Citi Says Crypto Market Volatility Has Affected User Adoption

Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said.

Citibank (TungCheung/Shutterstock)

Finance

Metaverse-Related Economy Could Be as Much as $13T: Citi

The bank’s analysts identified early investment opportunities that could benefit from the growth of the digital world.

Metaverse Zone from CoinDesk's Consensus 2022 (CoinDesk)

Markets

Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening

The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.

Eviart/Shutterstock

Finance

Investors View Polkadot as an Alternative Layer 1, Coinbase Says

The market cap of Polkadot’s DOT token relative to ether has been falling since November, according to the report.

The Polkadot pavilion on the Promenade at the World Economic Forum in Davos, Switzerland. (Sandali Handagama/CoinDesk)

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Finance

Inversión récord de venture capital se ralentizará, según Morgan Stanley

La actividad alcanzó su pico máximo en diciembre y podría caer hasta un 50% para fin de año, dijo el banco.

Las inversiones de venture capital se ralentizarán este año. (Andrew Khoroshavin/Pixabay)

Finance

Morgan Stanley Says Record Crypto Venture Capital Investment to Slow

Deal activity peaked in December and could fall as much as 50% by year-end, the bank said.

Las inversiones de venture capital se ralentizarán este año. (Andrew Khoroshavin/Pixabay)